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446 N Questa Trail Casa Grande, AZ 85194

2 Beds 2 Baths 1,710 sqft Built 2016

$312,000

List Price

$1,330

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

February 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $182.46
  • 3 Days on Market
  • MLS # : 6193589
  • Updated Date : 02/12/2021 at 18:16
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,710 sqft
  • Baths : 2 full
Listing Agent

Elite Real Estate Pros

Listing Agent's Description

This home has all you need and all you want! Built in 2016 the home has all the energy efficient features . Home sits on a corner lot that borders the common area and has a paver entry courtyard. Upon entry you will be amazed at all the upgrades. 2 bedrooms, 2 bathrooms, den, 4'' baseboards, tile throughout, plantation shutters and so much more! The kitchen is made for you to entertain your guests with the dark staggered cabinetry, island, Granite counter-tops. tiled backsplash, walk in lighted pantry and stainless steel appliances. Sit out back and enjoy your coffee from your extended paver covered patio overlooking your fully fenced yard that has an electric shutters, and easy to care for landscaping. Please call today to see all this home has to offer!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Mission Royale

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $83k308k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Mission Royale

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Palo Verde Elementary School Primary Regular 465 22 4
Casa Grande Middle School Middle Regular 606 32 2
Vista Grande High Regular 1,907 68 3

Palo Verde Elementary School

  • Education Level: Primary
  • # of students: 465
  • # of teachers: 22
4
GreatSchools Rating

Casa Grande Middle School

  • Education Level: Middle
  • # of students: 606
  • # of teachers: 32
2
GreatSchools Rating

Vista Grande

  • Education Level: High
  • # of students: 1,907
  • # of teachers: 68
3
GreatSchools Rating
 

$280,800$343,200$312,000

PURCHASE PRICE

$1,197$1,463$1,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,330
EXPENSES Loan Payment -$1,084
Property Tax -$258
Property Insurance -$61
HOA -$38
Property Management Fees -$99
CASH FLOW
-$208

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$312,000

PROJECTED PRICE

$1,330

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 5.1%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$88,430

INVESTMENT

$88,430

Down Payment
$78,000
Rehab Estimate
$5,750
Closing Costs
$4,680

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,084

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $78,000
Loan Amount $234,000
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$4,041

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,330

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,402

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,330
$1,330
RENT COMPS ANALYSIS
  • 446 N Questa Trail Casa Grande, AZ 2
    • 2 beds 2 baths ∙ 1,710 Sqft ∙ Built 2016 2 beds 2 baths ∙ 1,710 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $1,330
    • $0.78
    •  
  • 34 N Pamplona Lane Casa Grande, AZ 1
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 2004 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 2004
    LEASED 01/21/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.82
    •  
PROPERTY LISTING DETAILS
Julie Patricia Schilling
Elite Real Estate Pros
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193589
Last Updated: 02/12/2021
support@investimateroi.com

Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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